DwyerOmega, a portfolio company of Arcline Investment Management, announced the acquisition of Process Sensing Technologies Ltd. (PST). The acquisition significantly expands DwyerOmega’s sensing and instrumentation product offering and strengthens its position in several key end markets and regions.
With 12 brands, PST offers a suite of proprietary sensors, instruments, analyzers, and monitoring solutions with sensing capabilities across parameters, including moisture, gas, level and flow. PST’s solutions enable safer conditions for people and processes, maximize energy efficiency, improve product quality, and ensure ongoing compliance with global standards. The combination of PST’s technologies with DwyerOmega’s sensing and instrumentation portfolio offers customers a broader range of solutions tailored for their unique applications.
“We are thrilled to welcome Process Sensing Technologies to the DwyerOmega family,” said Chuck Dubois, CEO of DwyerOmega. “PST has an exceptional portfolio of best-in-class sensors, instruments and gas analyzers, as well as leading software monitoring solutions. By bringing together two great organizations, we will provide customers a premier offering of precision measurement technologies with an enhanced global network of support and service resources. This acquisition advances our vision of being the provider of choice for measurement technologies to customers around the world.”
“At PST, our employees have cultivated a culture rooted in innovation, continuous improvement, and an unrelenting pursuit of high-quality customer service. The DwyerOmega team shares a clear alignment with these principles, and I firmly believe joining the DwyerOmega family will strengthen our collective efforts going forward,” commented Adam Markin, CEO of PST.
Barclays served as financial advisor to DwyerOmega in connection with the transaction.